Mathematics, 19.11.2019 01:31 marchellepenuliar
An insurance company looks at the records for millions of homeowners and conclude the probability of fire in a year is 0.01 for each house and the loss should a fire occur is $10,000. thus the expected loss from fire for each house is $100. assume the fires are independent. the company plans to sell fire insurance for $120 (which is the expected loss plus s20). if a house owner purchases the insurance and his/her house catches fire, the company will cover for the loss (a) if the company sells the insurance policy to 10 houses, what is the expected total profit of the company (b) compute the probability of bankruptcy for the company, that is, when total profit is negative (c) use the central limit theorem to approximately compute the probability of bankruptcy if the company sells the policy to1 llion houses.
Answers: 3
Mathematics, 21.06.2019 19:30
Consider this equation. |y + 6| = 2 what can be concluded of the equation? check all that apply. there will be one solution. there will be two solutions. the solution to –(y + 6) = 2 will be also be a solution to the given absolute value equation. the solution(s) will be the number(s) on the number line 2 units away from –6. the value of y must be positive since the variable is inside absolute value signs.
Answers: 1
Mathematics, 21.06.2019 22:50
Abdul is making a map of his neighborhood he knows the following information: his home, the middle school, and high school are all on the same street. his home, the elementry school, and his friends house are on the same street. the angle between the elementary school, middle school, and his home is congruent to the angle between his friends house, the high school, and his home. what theorem can abdul use to determine the two triangles are similar? a- side side side similarity theoremb- angle angle similarity theoremc- corresponding parts of similar triangles are congruentd- pieces of right triangles similarity theorem
Answers: 1
An insurance company looks at the records for millions of homeowners and conclude the probability of...
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